Nantahala Bank & Trust Franklin North Carolina

Take a look at the new site

capital2risk.com

This is James VanderWoude, the CEO

What the F$$$ck is a VanderWoude

James bankrupted this disaster in record time

Check at all vacant land this idiot is sitting on

James you idiot, you don’t finance vacant land

Do you have your money with this clown, take it out this place is bankupt

James got this place on the problem bank list

James likes to engage in unsafe and unsound banking, sounds kinky

James was cited for weakness in management, shocking!

He lost $2,828,000 in Q4 2011 wiping another 25% of the remaining equity!

This is Clara Reffit, this dope is the President of this insolvent bank?

Clara is sitting on $27,000,000 in bad loans with only $10,000,000 in equity

Clara you are Fu$$$cking bankrupt

Clara wiped 16% of the remaining equity in Q3 2011 alone


A couple of fine CEO’s, can’t be worse than the current group of clowns

Nantahala Bank & Trust Franklin North Carolina was founded in 2004.  That was a brilliant time to start a bank.  They bankrupted this place in record time.  They are on the problem bank list for weaknesses in management, asset quality, capital and earnings.  The Texas ratio is 203% making it one of the worst banks in the state.

They have assets of $181MM and equity of $7MM.

The problem loan portfolio is amazing.  There are $29MM in problem loans all on non accrual.

For some reason I don’t think $7MM in equity is going to support $29MM in bad loans.

This place is bankrupt.

They are beyond insolvent

How about BANKRUPT!

Why aren’t they shut down?

If they went mark to market on the real estate they would be bankrupt today.

They eradicated 45% of the equity in the last 3 years.

They haven’t posted a financial statement on the website since Q3 2010.

Take a look at the news section, there is none.  Here is some news, you wasted no time bankrupting this place.

Take a look at the real estate for sale, it’s all vacant land and broken down buildings.  These clowns will finance anything.

Look at the management team, James VonderWade and Clara Refit bankrupted this thing in record fashion, savvy bankers.

You are better off hiding your money, in this fat slobs trunk than this bank

Do you have money in this zombie? I wouldn’t bank with them or trust them.


01 – Residential Lot
Lot 63, 1.26 Acres, Highland Creek
Murphy, NC
Asking Price
$29,900
02 – Residential Lot
12 Lots, Laurel Crest Subdivision
Murphy, NC
Asking Price
Call for individual pricing; $200,000 for all
03 – Residential Lot
Lot 104, 0.88 Acres, Highland Creek
Murphy, NC
Asking Price
$31,500
04 – Residential Lot
Lot 7, 1.03 Acres, McClure Point Rd
Hayesville, NC
Asking Price
$69,900
05 – Commercial Building
Convenience Store, 1.2 Acres
Martins Creek Road Murphy, NC
Asking Price
$85,000
06 – Residential Lot
13 Lots, Pinhook Ridge Subdivision
Murphy, NC
Asking Price
Call for individual lot pricing; $264,000 for all
07 – Residential Lot
11 Acres, Johnsonville Road
Murphy, NC
Asking Price
$6,348 per acre; $69,900 for all
08 – Residential Lot
2 Lake View Lots 2.43 Acres
Lake Appalachia
Murphy, NC
Asking Price
$85,000
09 – Land Tract
3.48 Acres, Junalaska Road
Andrews, NC
Asking Price
$39,000
10 – Residential Lot
Lot 47, Glen Hay Estates
Topton, NC
Asking Price
$60,000
11 – Residential Lot
3.98 Acres Five Forks Road
Murphy, NC
Asking Price
$39,900
12 – Residential Lot
23.19 Acres, Robinson Road
Andrews, NC
Asking Price
$229,000
13 – Residential Lot
2 Lots, 1.8 Acres, Martins Creek Road
Murphy, NC
Asking Price
$34,900
14 – Residential Lot
22 Acres, Cross Creek Cove
Andrews, NC
Asking Price
$115,000
15 – Home and Land Tract
Home and 22 Acres
Beech Tree Road
Whittier, NC
Asking Price
$875,000
16 – Residential Lot
8.8 Acres, Majestic Mountain Subdivision
Murphy, NC
Asking Price
$45,000
18 – Home
Home and 8.11 Acres, Bates Creek Road
Murphy, NC
Asking Price
$170,000
20 – Home
Home in Upscale Community, 56 Biscuit Rock Road
Highlands, NC
Asking Price
$775,000
22 – 4 Residential Lots
Five Forks Subdivision outside of Murphy, NC
Murphy, NC
Asking Price
$36,000 single lot; $143,000 all four
23 – Land Tract
11 Acres, Joe Brown Highway
Murphy, NC
Asking Price
$49,900
24 – Land Tract
34.44 Acres, Rogers Lane
Murphy, NC
Asking Price
Make Offer
25 – Land Tract
49.35 Acres, Lizzie Elliot Road
Murphy, NC
Asking Price
Make Offer
26 – Residential Lot
Lot 74, 1.12 Acres, Highland Creek
Murphy, NC
Asking Price
$19,900
27 – Land Tract
13.7 Acres, Brasstown Creek
Murphy, NC
Asking Price
$250,000
29 – Unfinished Home
Lot 30 Grand Vista
Murphy, NC
Asking Price
$230,000
30 – Residential Lot
Lot 7 Tanahee Ridge
Murphy, NC
Asking Price
$7,500
32 – Commercial Building
786 Main Street
Andrews, NC
Asking Price
$145,000
33 – Home
Lot 12 of The Havens Subdivision
Murphy, NC
Asking Price
$93,000
34 – Land Tract
13.4 Acres, Eagles Nest Trail
Murphy, NC
Asking Price
$140,000
36 – Residential Lot
Lot M107
Gilmer County, GA
Asking Price
$11,500
37 – Residential Lot
Lot 13 Country Mountain Ridge
Murphy, NC
Asking Price
$32,000
38 – Commercial Building
1378 Hwy 76 East
Hiawassee, GA
Asking Price
$675,000
40 – Home
Lot 9 Rocky Springs Subdivision
Murphy, NC
Asking Price
$95,000
42 – Land Tract
16.08 acres, Sunrise Mountain Estates
Murphy, NC
Asking Price
$78,000
43 – Acreage in Residential Neighborhood
6.55 Acres, Fairhaven Drive
Andrews, NC
Asking Price
$62,000
44 – Residential Lots
Lots 33 and 45, Cherokee Heights Subdivision
Murphy, NC
Asking Price
$30,000
45 – Acreage in Residential Community
6.31 Acres, Sherwood Forest Subdivision
Andrews, NC
Asking Price
$54,000
46 – Lot 31C
Smokey Hollow
Murphy, NC
Asking Price
$18,000
47 – Large Land Tract
135 Acres
Murphy, NC
Asking Price
$675,000
48 – Tract/Subdivision
23+/- Acres, Partial River Frontage, Bamboo Trail
Marble, NC
Asking Price
$282,000
49 – Residential Lot
Lot 4 Forest Edge
Murphy, NC
Asking Price
$20,000
50 – Residential Lot
Lot 75, The Sanctuary
Murphy, NC
Asking Price
$87,000
51 – Homes
4 Cabins, Bustle Lane
Cashiers, NC
Asking Price
$523,000
52 – Residential Lot
Lot 32A, Timber Ridge
Cashiers, NC
Asking Price
$112,442
53 – Residential Lots
4 Lots, Blair Street
Murphy, NC
Asking Price
$70,000
54 – Land Tract
23 Acres, Pleasant Hill Road
Murphy, NC
Asking Price
$195,500
55 – Commercial Building
5718 US West
Murphy, NC
Asking Price
$850,000
56 – Commercial Building
590 Tusquittee Road
Hayesville, NC
Asking Price
$270,000
57 – Land Tract
126 Acres, Hwy 64 West
Murphy, NC
Asking Price
$1,355,000
58 – Land Tract
15 Acres, Duncan Road
Murphy, NC
Asking Price
$84,500
59 – Residential Lots
10 Lots Ivy Bend Subdivision
Murphy, NC
Asking Price
$192,000
60 – Residential Lot
Lot 9 Glen Oaks
Hayesville, NC
Asking Price
$27,000
62 – Home
1457 Joe Brown Hwy
Murphy, NC
Asking Price
$99,900
64 – Land Tract
29 Acres, Hiawassee Dam Area
Murphy, NC
Asking Price
$149,900
65 – Residential Lot
2.25 Acres, Vineyard Road
Hayesville, NC
Asking Price
$35,000
66 – Residential Lot
Lot 91, Highland Creek Subdivision
Murphy, NC
Asking Price
$19,900
67 – Commercial Building
5893 Murphy Highway
Blairesville, GA
Asking Price
$270,000
68 – Residential Lots
Lots 82-85, Waterdance Subdivision
Glenville, NC
Asking Price
Call for Pricing
69 – Land Tract
18 Acres, Joe Moody Road
Warne, NC
Asking Price
$155,000
70 – Residential Lot
Lot 28, Smokerise
Whittier, NC
Asking Price
$40,600
71 – Residential Lots
Lots 4 and 5, 134 Mill Hollow Road
Murphy, NC
Asking Price
$42,400
72 – Land Tract
Lot 10, Wattia Circle
Murphy, NC
Asking Price
$73,000
73 – Residential Lot
Lot 39, Timber Ridge
Cashiers, NC
Asking Price
$92,000
74 – Residential Lot
Lot 28, The Ridges Of Mill Creek
Murphy, NC
Asking Price
$20,000
77 – Residential Lots
7 Lots, 18.3 Acres, Wild Horse Canyon Subdivision
Blairesville, GA
Asking Price
$200,000; call for individual lot pricing
78 – Development
48 Acres on Trimont Lake Rd
Franklin, NC
Asking Price
$280,000; call for individual lot pricing
81 – Residential Lots
Lots 64, 66, & 68 of Fire’s Creek Subdivision
Hayesville, NC
Asking Price
$180,000 for all 3 or $60,000 each
82 – Residential Lot
2.67 acres off Old Jones Road
Brasstown, NC
Asking Price
$24,000
83 – Residential Lot
Lot 104 of Shiloh Stables
Hayesville, NC
Asking Price
$65,000
84 – Home
160 Hwy 64 East
Hayesville, NC
Asking Price
$194,900
86 – Commercial Lot
3.3 Acres on N. Main Street
Clayton, GA
Asking Price
$225,000
88 – Residential Lot
Lot 3 Tanahee Ridge
Murphy, NC
Asking Price
$7,500
89 – Residential Lots
36 Lots, Hidden Mountain Subdivision
Murphy, NC
Asking Price
$722,000 ; Call for individual pricing
90 – Residential Lots
11 acres off Hwy 515
Blairesville, GA
Asking Price
$511,000
92 – Residential Lot
4.08 Acres, Lot 3 Eagle Point
Franklin, NC
Asking Price
$31,500
93 – Residential Lots
Lot 39 and 40, Laurel Crest
Murphy, NC
Asking Price
$20,000
94 – Residential Lot
Lot 57J Mountain Harbor
Hayesville, NC
Asking Price
$45,000
95 – Home
1331 Tamatla Rd
Marble, NC
Asking Price
$99,900
98 – Residential Lot
Lot 37 Brasstown Trails
Brasstown, NC
Asking Price
$50,000
99 – Home
1331 Tamatla Rd
Marble, NC
Asking Price
$99,900
Ask about our Special Financing Availability!
Nantahala Bank & Trust Company, MEMBER FDIC, EQUAL HOUSING LENDER
Copyright 2010. All Rights Reserved

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